( ♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall. >> nikki haley had an amazing debate, and this proves that debates matter. >> we're less creditworthy, that means it's morest costly for us to be able to borrow money. >> it is an open board.

the mexican drug cartels are controlling the southern border and have been for years. >> even though the big indices have held up decently, the average stocks have not. >> tesla won before the strike, during the strike and after the strike, and here's why. tesla's running at $45 an hour, uaw is asking for $132 an hour. that's a difference in labor costs that's so huge that they're never going to be able to catch up. >> an explosion down there the just recently the likes of which we haven't seen in quite a while. this could end up being, september, one of the very worst months yet in the biden border crisis. ♪ ♪ do you remember, 221st night -- the 21st night of september? ♪ love was changing the minds -- stuart: i hear, justin timberlake, soft, this music. lauren: it's casual. stuart: a little pop, whatever. that's the statue of liberty, wonderful thing. it is 1 1:00 on the east coast, thursday, september 21st.

fall begins on saturday, september the 23rd. the markets, a selloff inning progress. dow down 180, nasdaq's down 150. show me big tech, i'm pretty sure every single one of them is down. i'm wrong. microsoft, actually, is up $2.432. full disclosure, i own a tiny, thin sliver of microsoft. everything else is down. here's why. check the 10-year treasury yield. up again. 4.47%. the market doesn't like that, especially big tech. 4.47. watch out for 8 mortgages. all right, folks, now this. the alarm bells are ringing in green circles all over the world. britain has reversed course on climate. prime minister rishi sunak dropped a bomb on the greens. two main points here. the ban on new gas-powered cars has been delayed. this is in britain. it's been delayed until 2035. they were supposed to be to gone by 2030.

all kinds of energy efficiency regulations is have either been canceled or loosenedded. sue knack is doing this because he says, quote, it can't be right for westminster -- that's the government over there -- to impose such significant costs on working people, end quote. in other words, he knows voters are fed up with the forced march to this wonderful green new world. i'm not surprise. who wants to be told you've got to get a new appliance, you've got to get an electric car, and the government is going to inspect your house or office just to make sure you're doing the right thing for the climate. who wants that? next question, could the biden team do the same thing here? answer, probably not. the greens run the democrat party these days. they won't give an inch. they want to push you around. biden plans a civilian climate corps; that is, an army of young people employed by the government to work on climate projects. this civilian climate corps gets $10 billion worth of funding in the infrastructure bill.

can you imagine activists mock on your door and tell you -- knock on your door and tell you how to live? in britain the prime minister has retreated because he knows current climate policy doesn't work with voters. don't hold your breath for any retreat here. the greens have a firm grip on climate policy, and they're not going to let this president change it. third hour of "varney" starts now. ♪ ♪ stuart: douglas murray is with us, we brought him in because he's to got a british accent. [laughter] lauren: and a nice suit. stuart: a very nice suit, yeah. douglas, is there any chance that president biden will follow rishi sunak's lead and retreat a little on climate? >> first of all, can i just point out that there's an absurdity about the whole story about announcement of rishi sunak's. there's something that prime minister's do in the u.k.,

committing to things that it will never see through. theresa may committed to this policy happening by 2050. does anyone remember her? can anyone imagine politicians in 2048 saying, now, look, we've got to stick to this, because he's saw may, do you remember her? [laughter] boris johnson said he wanted to get ahead by to 2030. he may have imagined he'd still be prime minister but, guess what? they come and go very fast. but the policy the the government is meant to be committed to. there's something very anti-dem democratic about that and something absurd about it. i'm going to commit the country to the policy that they're going to have to be held to. so all that risch she e -- rishi sunak said was instead of 2030, we're going to do this in 2035. cue shrieking from so many parts of the left in britain and everywhere else, particularly the media. all he did was to push this back by 5 years because the costs on

real people, real voters including motorists who happen to be voters is being felt. stuart: yes. >> all he's doing is responding to the fact that boris johnson had laid down a crazy timeline, and it was the coming up fast. and rishi sunak simply pushed it back, and now the left in britain and elsewhere is saying he wants to burn the planet and kill everyone's children. which i don't think is true, stuart. stuart: neither do i. but can biden do something similar here in america? i don't think he can, but what say you? >> i don't think he can, because he'll see the shrieks and objections about a very mineral move. i mean, it's the moving the movement where you can't buy a diesel vehicle back 5 years. now, look, the e.u. has committed to basically the same thing by 2032. so really what happened with the johnson thing was johnson wanted to get ahead of the e.u. to look green for president biden, and sunak has simply gone three years later. it's not a big thing. but biden and the democrats here

will definitely notice that the most minimal change causes this unbelievable backlash. stuart: that's interesting. so he won't change. no. couldn't take the heat. douglas, that was good stuff. british accent, suit and all. >> i bring it all. shirt -- [laughter] stuart: new shirt. fantastic. thank you, douglas. i want to get back to the markets. as you can see, we are in selloff mode. dow's down 160, nasdaq down 150. lou basenese with us this morning. are we going to get another rate hike from the federal reserve because oil prices have gone up to $90 a barrel? >> i've been long contending we're going to get one more rate hike. the market's been pressing its luck, and they think they're going to stop. i think inflation is going to tick higher. the fed is not afraid of its shadow, they're afraid of a repeat of the '70s, and oil is that driver right now. stuart: is the big problem today this rise in the yield on the 10-year treasury? you're at 4.47, something like

that? i think that's what's really upsetting the market. >> absolutely. it's dragging tech down, pointing to more inflation coming back or staying stickier for longer which which means the fed has no choice. and powell has been telegraphing i'm going to keep rates higher and keep going higher. they just did it 12 of 19 fed watchers, forecasters said they expect one more rate hike. the market doesn't want to believe that, but it's coming. stuart: okay. arm, a-r-m, cart, as in -- >> instacart. stuart: thank you. if their trading price dropped below their ip o price, and it's close, 51 right now -- lauren: that is the ipo to price. stuart: $51 even, what does that tell you about technology? >> it says that demand and investor sentiment is weakening. we've talked about in that if arm and instacart could debut and perform well and continue that, it's a catalyst, it's a tailwind for tech. now it looks like it could turn into a headwind. instacart at $30, that was its

offer price, it opened at 36. not good omens fundamentally for big with tech if these deals break the price. stuart: you are something of a celebrity today -- >> i'm with you -- stuart: flattery, every time. [laughter] mdv corporation holdings, that is your company. >> yep. so i work for -- stuart: you went public. >> we did an offering at $12 per share, this is a way for us to scale a business where we launch big tech ideas in short layman's terms, we offer venture capital opportunities without all the hassles of venture. so you see instacart went up to a $39 billion valuation in the private markets, we're taking our company public at about $120 million just like we've taken 16 companies public before at lower valuations. is so any wealth creation that happens, happens in the public markets for everyday investors and not the smart money, wall street institutions. stuart: and you can assure me you're not going public so you can cash out -- >> i'm not cashing out, there's

no insider selling here -- stuart: what'd you do with money? >> finding new ipos to invest in, and the thing that's unique is that if you own shares, you get exclusive assets to those deals that we're going to use this money to find. again, you have to do your own due diligence on that, but this money is not going to shareholders -- stuart: whoa, whoa, whoa, you're up 28% on your first trade. >> i think we opened about 16. again, we're one of a kind -- stuart: but you left money on the table, lad. that's not like you. >> no, i know. the money is for shareholders. again, this is a model where we believe, right now that movie's out about dumb money, right? the smart money thinks everyday investors are dumb money. we're dumb money with a strategy, a brain and a proven track record. we've taken over 16 companies public, the last 3 have gone over billion dollar valuations. i have long-term -- stuart: wait a minute, are you a billionaire? >> no, absolutely not. i'm not a billionaire. yet. no -- the. [laughter]

from your year to -- well, from your mouth to god's ear. stuart: it's great to have you on the show. you're a successful man. thank you very much, lou. lauren are, you're looking at the movers, looking at arm. lauren: yeah. it's down every single day since the thursday ipo. that's not good. did it price too high, would be my question, or did they not make enough of the share, is the flow too small, too restrictive in. >> i would agree. they only floated about 5% of the stock. they could have priced a lot higher, but valuation becomes a key. softbank with was trying to sell this to nvidia, if they priced it higher, it would have had a nosebleed valuation. so it's a catch 232. stuart: i believe yeti is moving, but i didn't know they were a publicly-traded company. lauren lauren they are. we're big fans -- stuart: i've got several. lauren: i know. i've got a cabinetful. a price target of 50, that's

nothing. they're completely on the sidelines. they say the consumer is pressured, and they see a waning growth opportunity. so getting to the a lot of markets, they're, expense we've. where they grow there if here when the consumer's not willing to keep spending money. stuart: saturated, how do you grow. lauren: we're going to go from one cup to another cup. starbucks you're drinking recognizable, expensive coffee. the stock is down about 1%. speaking of committing to policy that you were talking about with douglas murray, starbucks set a goal that they want to cut their waste in half by the year 2030 which means no more paper or cups, only reusable cups. so you have to either buy a plastic or reusable cup from them or bring in your yeti or something like that. and they're starting that today. they are testing different reusables, and they have to get from 1.2% of the market coming in with their own cup to all of them in the next six years. good luck with that. stuart: and the stock down .79%. there you go. thanks, lauren.

donald trump says he's going to carry out the, quote, largest domestic deportation operation in american history, end quote. if elected, that is. we'll tell you the plan. more than 10,000 migrants crossed the border yesterday. one day alone are, 10,000. chair of the house homeland security committee, mark green, will tell us what, if anything, his committee can do about that. he's next. ♪ ♪

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other lawmakers, congress, what are they saying about at it? >> reporter: stuart, democrats we talked to insist these work permits are not going to encourage people to come, but more is waiting for migrants crossing the border than just work permits. fox news digital exclusively obtained a picture of the id card i.c.e. plans to give illegal immigrants allowed to temporarily stay in the u.s. it has a qr code, a picture and other personal information. and dedo spite some democrats claiming that the border is closed and is secure, yesterday fox's ground team capturing video of one of the largest caravans of migrants crossing illegally into the u.s. in eagle pass, texas. some democrats say though this is not an open border advertisement playing out on tv. do you see how someone might see the video and go, oh, i can come to the u.s., i get to -- >> what you see is different than what happens in actuality. so if someone is picked up at the border, obviously that begs

the question that they're not streaming across the border and escaping into our country. >> reporter: but not all democrats agree. senate democrat from arizona senator mark kelly telling me, we need a border barrier in some places, and senator jon tester, democrat from montana, says democrats mow this is a problem. -- know this is a problem. democrats insist that the border is closed and secure. if this is a secure, closed border, what does an open border look like? >> i think we need to do a lot more -- i don't know what democrats you're talking about, but the democrats i visit with understand that there's more work to be done on the southern border, and we need to put some more resources down there. >> reporter: so why isn't the president doing that? >> it's a better question for the president. >> reporter: so, stuart, bottom line we've heard a lot of talk about comprehensive immigration reform, but this problem has been going on for years. we've been covering it, and it seems that congress is no closer to a solution. stuart? stuart: hillary, thank you very

much, indeed. let's bring in congressman mark green, republican from the tennessee. congressman, nearly a hall million -- half million venezuelans are going to get temporary legal status so they can work. how do you think about that? >> well, we're very frustrated, and we're very suspicious, you know? we've got thousands of venezuelans pouring across our southern border. we had just 6, 8 months ago the president goes down to venezuela or sends people down there the to try to get some oil from those guys because we're shutting down the oil production in our country. i don't know, what some deal cut? this is ridiculous. we have got to close our southern border, and these incentives that they're creating, just, okay, here's your work permit, come on in, are just making the crisis far worse. stuart: we had 10,000 migrants cross the border just yesterday alone. you chair the house homeland security committee. my opinion is you can't do anything about this in the near future. can you? >> well, we're hopeful that we

can get h.r. 2 on the documents that that will keep the government open. that's the big desire, that's the push i'm making right now to convince my own colleagues, even if we don't cut spending for 30 days, i mean, it's a short-term cost for a huge, long-term gain. the border costs us at a minimum, the lowest estimates are $150 billion a year. if we spend an extra $10 is billion to keep the government open for 30 days, that it's a return on investment any businessman would make. so we're out there to get it. now, the question of whether or not the president and secretary mayorkas actually abide by the law, that's another question, and we're in an investigation on him about that fact right now. stuart: what are you going to do about those i think it's five republicans who turned town the spending deal and, therefore, turned down improvements in what they call border language. what are you going to do about the five on the screen right now? >> we're communicating to them right now, this is the upside if

we to do this. and it looks like they've negotiated amongsts the conference that we're going to actually cut spending. so it's not even going to be a true continuing resolution. this is actually going to be a spending cut. and i know many of them have promised their constituents that, hey, look, i'll never vote for a continuing resolution. we have to do our job, i get that. but if we're cutting spending, it's not a continuing resolution. we're convincing them of that, i hope they join us. stuart: you really believe you can get a deal in the next 48 hours? >> we're going to work very hard, we're not going to quit -- stuart: are you confident you can do it? i know you want to do it, i can tell by the look on your face you want to do it. are you confident you'll do it. >> i am way more than i'd say 75% sure we'll get this done. if you need a number, stuart, there you go. [laughter] stuart: thanks for giving me a number. it's a good one. congressman, thanks very much for joining us. >> have a good day. stuart: thank you, sir. all right. some lawmakerses are concerned in the increase over the number

of chinese nationals at the border. come on in, ash. tell me more, please. ashley: yeah. the numbers are actually very disturbing, and these republican senators calling it a significant threat to national security. some republican lawmakers say chinese nationals are being released into the u.s. that could have ties to the chinese communist party. approximately 18,000 chinese nationals have been encountered at the southern board or this fiscal year. 18,000. that's compared to just over 2,000 in 2022 and just 450 in 20 the 21. now, the overwhelming majority, by the way, are single adults. a group of republican senators has now sent a letter to dhs secretary mayorkas wanting to know exactly what actions are being taken because, as we know, there have been multiple days just this week with over 8,000 illegal immigrant encounters. some of those are chinese. where do they go? i guess we don't know. stuart: i don't think we do. all right, ash. donald trump is also talking

about immigration and deportation. what's he saying, ash? ashley: well, he's saying a lot. trump says he will move thousands of active duty troops stationed overseas to the u.s.-mexico border as well as reviving and expanding a travel ban that targets several muslim-majority countries if he is reelected president. on the campaign trail in iowa, trump also rattled off a list of policies he will pursue in a second term including promising to carry out the largest domestic deportation operation in american history with by removing gang members, drug dealers and members of the cartel from the united states. he, by the way, says he would also imposes a naval fentanyl blockade that would include boarding and inspecting ships. and, by the way, trump says he's calling on congressional republicans to ban joe biden from using a single taxpayer collar to release -- dollar to release or resettle illegal aliens into the united states.

it's quite a battle plan. stu. stuart: that's a comprehensive plan if ever i saw one. thank, ashley. coming up, if you drink diet soda, listen up, please. a key ingredient could cause learning deficits in future generations. we have the details. what exactly leads to a happy life? good question. arthur brooks teamed up with open a rah winfrey and has what he calls a blueprint to make you happier. arthur is here after this. ♪ ♪ so what if it hurts me, so what if i'm freaked outsome. ♪ so what if this world just blows me off the edge -- ♪ it's not just designed to look good... it's built to command attention. it's not just a comfortable interior...

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stuart: there's still plenty of red ink this morning, the dow's down close to 200, the nasdaq's down about 170 points. the yield on the 10-year treasury up, stocks go down. lou basenese still with me, with his stock picks no less. ishares semiconductor. what's that? >> they own 30 of the top u.s.-based semiconductor companies. in the short term the tech sector's in the red, we want to figure out how to turn it into the green. oil was the commodity of the

last 100-200 years. the commodity of the future, the oxygen of the economy is going to be semiconductors. if you look at the penetration of technology into everyday life, it is contingent on semiconduct ors, over 1 trillion shipped each year, going to 2 trillion. this is going to be what wars are fought over. i'd argue it's already happening now, the threat of china and taiwan. again, full disclosure, i have to say it so i don't get in trouble with finra and my mother, i can't tell you to buy it directly, but if you're looking for an easy way the plait, the etf -- stuart: because you're playing the whole industry. >> we're seeing u.s. onshoring of factories for semiconductors, so this allows you to focus strict rhode island on if u.s. operators -- strictly op on the u.s. operators. everyone loves nvidia because -- but i don't with love it because it's the super expensive. get this, it trades at 18 times earnings versus nvidia at 100 times earnings. so if you like to buy low, sell

high, this is a setup worth checking out. it gives you exposure to a.i. plus. stuart: another one is atomera. what does it do? >> it's a leading edge technology that's come up with a process that improves the performance of all types of chips. this is a company that, again, is more speculative. do your diligence. this is a technology that could be the next arm because their business model is set up the same way. they come up with these innovative technologies, and then they collect a royalty that goes on in perpetuity. they're crossing the transom into with commercialization which is a lot of times where these small caps, micro caps start to take off. i do personally own it, we don't do banking with them. stuart: but speculative? >> i would say a little speculation quos a long way in the market. you can own treasuries, but a little speculation in some of these smaller, undervalued names

could really change the outlook for the future and our retirement, right? that's what we're all looking forward to. [laughter] stuart: some more distant from it than others. >> hey, i'm not that young. [laughter] stuart: thank you, lou. okay. i think we've got a couple of food scare stories for you. here we go. eating large amounts of all ultra-processed foods could be linked to mental health disorders. ashley, this is the first one. explain it, please. ashley: yep. that explains a lot, as far as i'm concerned. according to a study by the journal of the american medical association is, consuming large amounts of ultra-processed foods could be linked to depression. now, ultra-processed foods are high in salt, sugar, hydrogenated fats and additives. they include the classic junk need items like chips and soda, but also a lot of those ready-to-eat meals. the research found that those who ate the most ultra-processed food, perhaps nine servings per day, were 50% more likely to develop depression than those

who ate no more than four servings a day. one explanation is people who eat a lot of junk food have a gut that's prone to inflammation. it influences your risk for depression. try and avoid the junk food. we've been told a gazillion times. stuart: we have, indeed. lou? >> i think it's a captain obvious thing. the amount of processed foods we consume has gone from 50,000 in 2000 -- 50% to 70%. stuart: which comes first? the junk food or depression? >> probably both. it's a bad, negative cycle. look, i'm an emotional eater, i'm italian. i ate my way through italy for 10 days, and it was all natural, unprocessed. i wasn't depressed, and i didn't put on weight. we all know we should eat more fruits and vegetables. i know i should work out today. did you? i didn't. stuart: your company's just gone

public and it's a major success. you're not going to be depresse- [laughter] >> hey, we mow if you're not just the long term, so we've got a lot to do, and i've got a great team and the visionary founder, i'm thankful for the opportunity. it's an opportunity and it's the a commitment. stuart: all right. next case. come back in, ashley. what's about chem -- chemicals in the diet soda business causing health problems? ashley: the nonsugar aspartame which is found in sugar-free foods and drinks has been linked to problems with memory and learning. it's according to a study from the florida state university college of medicine that showed that male mice that a consumed aspartame even at levels deemed safe by the fda had offspring that demonstrated spatial learning and memory deficits. researchers urging the fda now to take a close look at the effects of aspartame. now, earlier this year the world health organization released a

statement that classified the sweetener as possibly carcinogenic to humans. it im-- a claim that industry experts have vehemently denied. stuart: they should coa study on marijuana and memory loss. [laughter] ashley, thank you. we're going to get to this. look at it, it's a new book called "build the life you want: the art and science of getting happier. s" arthur brooks wrote that alongside oprah winfrey. arkansas hur joins me now. 9 -- arthur joins me now. in the next three minutes, arthur brooks, can you tell me how to build a life of happinessesome. >> yeah. i mean, the truth is there's a way to do it, it just takes understanding, work and a spirit of sharing with other people. i've been looking at this as a social scientist for a long time, but what i figured out finally over the last 30 years of my career as a college professor, you need the knowledge about happiness. most people don't even

understand what it is. you need to change a few practices in your life and share with other people. and if you do those things, which is exactly what we lay out in the book, this is a handbook for your own emotional self-improvement, then you can actually get much happier. stuart: okay. where does the therapy industry -- forgive the expression, but where do the therapists stand in all of this? >> well, it sort of depends on how therapy is used. one of the things we talk about in the book, one of the greatest techniques and important skills you can learn is called meta-cognition. it's understanding your own thinking. there are a lot of ways to do that, but you need space between the emotions that are bombarding you and how you react to them. you can do that in a lot of ways. you can do it through prayer, meditation, walking in nature, listening to music or, you know, some people actually do it through therapy as well. there are a lot of ways to do it, but you have to do it. stuart: where does religion and faith come into all of this? >> it's a -- we talk about that an awful lot. now, the truth is that a

happiest life has four parts to it. i'm talking, you and i have finance guys, and so this is your happiness 401(k). these are the four -- we talk about it, the investments we need to make in our happiness every day, faith, family, friendship and work that serves other people. those are the big four. you can ignore most other things, as a matter of fact, and faith is critical. now, i'm not talking about my faith. i'm a catholic, it's the most important thing in my life. but as a social scientist the, i will tell you, you need something that transcends your day to day reality. my job, my money, my commute. you need something that's bigger that makes you small every single day. that's critical to have. stuart: didn't you start off life as a musician? >> i did, indeed, as a french horn player. stuart: if i say dennis brain, do you know who i'm talking about? >> the world's greatest french horn mare who died in 1959 in a -- stuart: no, no, later. he played on the beatles.

he played with the beatles. >> no, that was actually his colleague who played on the beatles' albums, but dennis brain was the world's greatest french horn soloist. i had a poster of him on my wall as a child. i wanted to be dennis brain. stuart: well, that cleared that up. arthur brooks, you've made me happy -- >> you always make me happy, stuart. can't wait to see you in person. [laughter] stuart: the popular children's show paw patrol has a new spin-off. in it they're introducing a nonbinary character. we'll tell you more about that. the group that sued harvard over race-base admissions and won is now going after west point. a report on that after this. ♪ keep me in mind -- ♪ somewhere down the road you might get loan arely. ♪ -- lonely. ♪ keep me in mind -- ♪ and i pray someday that you will love me only ♪

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stuart: this market selloff is all about treasury yields. the yield on the 10-year is now 4.48, and the dow is down 164, the nasdaq's down 161. that, by the way, the nasdaq, is down nearly 1.25%, and you're down 1% on the s&p as well. that's a selloff. west point military academy sued for allegedly using race as a basis for add miss. ashley -- administrations. what is -- admissions. what is in the lawsuit? ashley: it accuses west point of setting benchmarks for how many black and asian cadets there should be in each class. now, the reel action comes after the supreme court -- legal action comes after the supreme court struck down affirmative action in college admissions. the lawsuit suggests west point's policies practice violate the fifth amendment of the constitution which contains an ewall protection principle.

the lawsuit says for most of its history, west point has evaluated cadets on merit and achievement but claims the culture has shifted over the past several decades. so what does west point say? not a whole lot. they say it does not comment on ongoing litigation. stu. stuart: all right. next one for you, ash. next month texas governor greg abbott is going to call a if special session for school choice. tell me, what's the governor hoping to accomplish? ashley: well, he wants lawmakers to address school choice in that special session after earlier this year texas lawmakers just couldn't agree on a policy. the governor's blaming bureaucrats in austin saying they don't know which school is best for a child. he says that's for a parent to decide. any school choice legislation expected to create education savings accounts or school vouchers to help kids attend private schools. now, public school leaders, not surprisingly, are crying foul saying texas has been underfunding public schools for

years. but abbott says if lawmakers cannot pass a bill in the special session, he's just going to call them back again. stu. stuart: got it. lou, any comment? >> i think this is a good free market opportunity. they've got half the solution. the first half is school choice. the second half is a meritocracy for teachers. how much she got paid depended not one iota on how good of a teacher she was. it was the just on her tenure. star creating an economy and a market where parents get to choose the schools their kids go to, and the teachers that get good test scores get rewarded and make more money. you do that, you're going to have schools competing to be institutions of higher education, outcome-oriented and not just trying to run students through the system. stuart: that makes sense, lou. >> makes sense so no one will ever do it. too much sense, right? stuart: i don't know. i think things are changing. >> i hope you're right. stuart: ashley, tell me about

the new nick jr. show that has gone woke. ashley: all right. paw patrol's spin-off is introducing the franchise's first non-binary character. the the animated series follows a 55-year-old -- 5-year-old bulldog named rubble who end helps in construction projects. non-binary character river makes their debut in the 16th episode is and, by the way, the character is written by author and activist lins amer, also voiced by a chinese-canadian actor. the original paw patrol series has been a huge hit with preschoolers since first launching 10 years ago. we'll see how this spin-off and nickelodeon is received. stuart: i'll leave it right there, ashley. meanwhile, i will check out all 30 of the dow stocks, get a sense of the market. i sense there is a great deal of selling, and i'm right. the dow's down 150. i see, what, 6 winners there? the rest are basically losers.

loss of selling and, again, i think it's because the yield on the 10-year treasury is now approaching 4.5%. stock investors don't like that. the census bureau, no less, wants to ask people about their gender identity, and they're going to spend millions to do so. jason rantz has that story after this. ♪ don't do me like that, don't do me like that. ♪ well, i love you, baby, don't do me like that ♪ from ♪ (upbeat music) ♪ ( ♪ ) constant contact's advanced automation lets you send the right message at the right time, every time. ( ♪ ) constant contact. helping the small stand tall.

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stuart: president biden is considering a move that would give millions of dollars to the census bureau to collect data the on gender identity. jason rantz with me. jason, do you have a problem with that? >> yeah. on the one hand, it's none of your business as a government official. you're not going to ask me for any of that personal information. but number two, my real concern is the reason why they're asking this. they're looking to do this for propaganda purposes. they're going to have a bunch of people who will claim to have some sort of identity they don't for political reasons. we're seeing that happening among young people who claim they're non-binary and, of course, they will use that data

to normalize the fact that one can change a gender just on a whim based on how they're feeling one particular day, and they'll use that to further go down the path of accepting this as a society which everyone is pretty much on the same page. the vast majority of people do not think you can just change your gender. and when it happens to be amongst young people, the pushback is even more significant. i just think they're going to misuse this data. stuart: this would be for the next census in, what, 2030? taken every 10 years, 2030, the next one? >> welsh, they're doing it as part of their american household surveys, so it would happen a little bit sooner than that. that at least is what the current talk is. whether they do it, we'll see. stuart: leaders in marysville, washington, i believe that's just outside seattle, considering mandatory minimum sentences for criminals. the aclu calling this move draconian. is there something draconian about putting someone in jail who's broken the lawsome.

>> no. i know, it's like we want to criminalize criminal behavior, but in this case we're talking about prolific offenders who are driven by their addiction, and the one thing that they'll get with a 30-day sentence after they've been caught three times breaking the law is they get detox. they actually get drug treatment and a social worker to work with them in jail. the aclu wants to pretend this is going to be disruptive to their lives. these folks are homeless and committing crimes. their lives are already disrupted. this is actually going to help them. stuart: but the aclu doesn't like that. >> no, they don't. stuart: does the aclu want to put anybody in prison? >> no, i believe, generally speaking, they're abolitionist groups. i think when it comes to mass murder es and serial killers, sure, they'll take that position because it'd be too controversial, but outside of that they believe it's a broken system that needs to be kiss mantled -- displant planted -- can dismantle. the aclu has gone so far to the

left across the country, frankly, they're reck recognizable. stuart: seattle has pulled the program on a -- plug on a program that addressed homelessness just two years after it started. what went wrong? >> it didn't work because they don't believe in removing people from encampments unless there is a studio apartment or a hotel room for them to go to. this is part of a housing first model that has been a total failure not just in seattle, but across the country. i've got a book coming out next week called " what's killing america," specifically going over policies like in that people don't recognize is behind the failures happening this these big -- in these big cities and often times spreading outside. and if we don't know that housing first exists and it's the leading reason behind the homelessness crisis, or we'll e never actually get anything done. stuart: you got that right. jason rantz, thanks for being with us, as usual. thanks very much, indeed.

a quick check of the markets. dow's down 150, nasdaq's down 160. lou, is this basically because the yield on the 10-year treasury keeps going up? you've got 4.48 now. >> i agree with you. treasury yields are driving the market right now especially in tech. until we get some clarity on that, i don't think you're seeing buyers coming back in. everyone's afraid of a recession, i think it's going to be pushed out. stuart: okay, fair enough. now this. it's time for the thursday trivia with question. another good one. don't look it up. how many states are east of the mississippi river? 23, 26, 29 or 32? the answer after this. ♪ ♪ ..

stuart: i don't think they teach geographies in schools anymore. many want to know the answer to this question. how many states are east of the mississippi river. you are first. ashley: 32. number 4. >> i will go 26. stuart: i will go with 32 on the grounds that it is a crowded east.

he was once a schoolteacher. >> a science teacher. stuart: there they are on the math. the little states bunched together gives you the high number. how many states are west of the mississippi? that's the small number. i want to say thanks for joining us. congratulations on your company. >> a great team network, very visionary founder. stuart: time to send your friday feedback. comments, questions, concerns, varneyviewers@fox.com. the yield on the 10-year treasury, this is the cause of much of the trouble of wall street today, it is up 4. 47%. just a few days ago, 4. 3%. when it goes up stocks go down. that's it for "varney and company". coast-to-coast starts now.